Exceptional Miami Beach Opportunity, PRICED TO SELL AT $160,000! The property was originally purchased for $230,000 and is now being offered at a significant discount, presenting an attractive opportunity to own in Miami Beach at an exceptional price point.The price reflects the condominium's current building status, including a pending building recertification and the possibility of a future special assessment. Buyer is encouraged to conduct independent due diligence regarding the building's financial and structural condition.Bright and charming corner 1-bedroom, 1-bath residence located on the top floor of the Patricia Condominium, a classic Art Deco building in the heart of Miami Beach. Enjoy beautiful garden and Miami skyline views, plus stunning sunsets.Ideally located just minutes from the beach and only two blocks from Flamingo Park, with easy access to dining, shopping, entertainment, and more. The unit is currently leased for $1,700/month through April 2, 2027, offering immediate rental income.
| MLS # | A12052998 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $649 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 112 |
| Listing Provided By | Beachfront Realty Inc | Eric M Amsallem |
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 470 |
| Story(s) | 3 |
| Property View | Yes |
| Garage Yes / No | No |
|---|---|
| Parking Features | On Street |
| Tax Annual Amount | 3037 |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami Beach |
| Zip Code | 33139 |
| Area | 2420 |
| Community Name | THE PATRICIA CONDO |
| Listing VS Median (in THE PATRICIA CONDO) | |
Price: $160,000 low | high Med: $177,500 sqft: 470 low | high Med: 485 $ / sqft: $340 low | high Med: $365 On site: 112 low | high Med: 219.5 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami Beach |
| Zip Code | 33139 |
| Area | 2420 |
| Community Name | THE PATRICIA CONDO |
| Listing VS Median (in THE PATRICIA CONDO) | |
Price: $160,000 low | high Med: $177,500 sqft: 470 low | high Med: 485 $ / sqft: $340 low | high Med: $365 On site: 112 low | high Med: 219.5 | |